Green has returned to the dairy markets, with Class IV leading the way upward for the second day in a row. May Class III milk was $0.11 higher at $16.76. June was $0.11 higher at $17.08. July was $0.10 higher at $17.84. August was $0.09 higher at $18.57. Contracts from September through March varied from unchanged in January, February, and March to a fifteen cent increase in November, which concluded at $19.40.
The CME spot trade for all of our items was green. Dry whey was $0.0125 higher at $0.3375. There were eighteen sales ranging from $0.33 to $0.3375. Cheese blocks were $0.0275 higher at $1.69. Three transactions were made ranging from $1.6650 to $1.6825. Cheese barrels increased $0.0275 to $1.5850. There were nine transactions ranging from $1.5675 to $1.5825. Butter was trading at $2.4425, up $0.02. At that price, one sale was recorded. Nonfat dried milk increased $0.0050 to $1.1925. Six sales ranged from $1.19 to $1.1950.
